Excel Automatically Recalculates Any Formula When the Input Cells to That

question 119

Multiple Choice

Excel automatically recalculates any formula when the input cells to that _______ are changed.

• A)function
• B)formula
• C)format
• D)references

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Definitions:

Indirect Utility Function

A concept in economics that represents the maximum utility a consumer can achieve with a given income and set prices for goods and services.

Income

Cash inflow, customarily obtained at regular periods, as compensation for work or from investment outcomes.

Constraint

A limitation or restriction on the variables of a problem, often seen in economics as budget constraints affecting consumer choices.

Utility Function

A mathematical model that describes how a person ranks choices based on perceived utility, happiness, or satisfaction.